Globaleconomyss102

This is where parties can gather to facilitate the exchange of goods and services.

• malls

• online apps

• market

Market Integration is a process which refers to the expansion of firm by consolidating additional marketing functions and activities under a single management. According to:

• Anthony Giddens

• Kohls and Kuhi

• Theodore Levitte

This helps the integration of markets because it reduces the barriers to trade and increases fluidity between markets.

• Foreign Trade

• Economic Union

• European Union

This is the taxes or duties to be paid for import an export

• Ad Valorem

• Tariff

• Estate Tax

These are chartered by more than one countries and therefore are subjects to international law.

• International Financial Institutions

• International Monetary Fund

• United Nations

It's creation lower down barriers for foreign trade.

• Regional Banks

• World Trade Organization

• International Monetary Fund

It is one that has significant investments and facilities in multiple countries but lacks a dominant headquarters, global corporations are governed by the laws of the country where there are incorporated.

• International Businesses

• Global Corporations

• International Monetary Fund

The country that is no longer part of the European Economic Union

• France

• Germany

• United Kingdom

It is the whole system of human interaction. The modern world system structured politically.

• Global Governance

• Global Interstate

• Global Economy

These are the high income nations in the world economy.

• Core

• Semi-Pheripery

• Pheripery